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This last week, El Salvador has hosted a handful of well-known, influential Bitcoiners. Their presence was made publicly known through a series of tweets including pictures and videos regarding El Salvador's bonds, volcano Bitcoin mining site, and more. CZ from Binance even met with President Bukele over the
In a historical first for the Lightning network, Synonym, a Bitcoin-powered service provider, demonstrated the first Tether (USDT) transaction in a Lightning channel. This was the first time a mainnet stablecoin was bridged to Lightning. The transaction was performed using Omni, a platform for creating custom digital assets on the
After some turbulent back-and-forth, the EU is moving forward with its Markets in Crypto Assets (MiCA) bill. The landmark legislation will go ahead without the inclusion of a controversial provision that would have restricted proof-of-work cryptocurrencies. Proof-of-work (PoW) is a decentralized consensus mechanism used by cryptocurrencies like Bitcoin and Ethereum,
News - Bitcoin - Mar 26, 2022After some turbulent back-and-forth, the EU is moving forward with its Markets in Crypto Assets (MiCA) bill. The landmark legislation will go ahead without the inclusion of a controversial provision that would have restricted proof-of-work cryptocurrencies. Proof-of-work (PoW) is a decentralized consensus mechanism used by cryptocurrencies like Bitcoin and Ethereum,
News - Bitcoin - Mar 26, 2022This last week, El Salvador has hosted a handful of well-known, influential Bitcoiners. Their presence was made publicly known through a series of tweets including pictures and videos regarding El Salvador's bonds, volcano Bitcoin mining site, and more. CZ from Binance even met with President Bukele over the
News - Bitcoin - Mar 26, 2022In a historical first for the Lightning network, Synonym, a Bitcoin-powered service provider, demonstrated the first Tether (USDT) transaction in a Lightning channel. This was the first time a mainnet stablecoin was bridged to Lightning. The transaction was performed using Omni, a platform for creating custom digital assets on the
News - Bitcoin - Mar 25, 2022Various towns in Northern Italy are falling under pressure to rising energy costs while looking to achieve more environmentally friendly methods for producing energy. As a great example for why the call for Proof-of-Work (PoW) mining to be banned in the European Union (EU) was dropped by regulators, a small
News - Bitcoin - Mar 25, 2022On Wednesday, the bill titled “El Salvador Cryptocurrency Accountability Act,” was passed through committee and will soon move on to the U.S. Senate for a vote. Also referred to as “ACES,” the bill was originally introduced back in February, and it attempts to address potential risks associated with El
News - Bitcoin - Mar 25, 2022Each day, cryptocurrencies encroach a little further into terrain traditionally ruled by fiat. Residents of Portsmouth, New Hampshire are seeing this in no uncertain terms, now that the city has started accepting bill payments in Bitcoin and other cryptocurrencies. It was the city’s Mayor Deaglan McEachern who proposed the
News - Bitcoin - Mar 24, 2022I’m old enough to remember when the Lightning Network was supposed to solve Bitcoin’s transaction limitations. Instead of being slow and traceable, Lightning payments would be quick and private. Nocoiners would finally be forced to eat their FUD. It’s been five years since its initial launch, but
News - Bitcoin - Mar 24, 2022